ABDUL RASHID MBAECM, MBA, MIS, CHRM, BA, DIP PRESIDENT PHONE ANTIQUA ROAD, MISSISSAUGA L5B 2T8 ONTARIO, CANADA
Introduction PRODUCTS AND SERVICES Tax Services Financial Services Accounting Services Financial Systems Consulting Investment Services
Purpose Audience Local and foreign Individuals, families, corporates, public, private and governments investments, unions, associates and societies and welfare organizations Purpose of Investments Lucky prizes, investments, savings, monthly income, education funding, Savings with returns, Retirement, Marriage, real estate, or any other needs Scholarships, credits, loans (subject of availability of funds)
Tax Services Corporate Tax Preparation and Filing Personal Tax Preparation and Filing General Sales Tax Provincial Sales Tax Hormonized sales Tax
Financial Services Brokerage Services Customer Support of Finance Banking products and Services Mortgage, Loans, Credits
Financial Systems Consulting Projects Management Financial Systems Supply Financial Systems Design and Development Financial Systems Implementations Training and Support
Accounting Services Book Keeping and Accounts Portfolio Management Records Manager
Investment Services Prize Investment Plan (proposed) Audience Local and foreign Individuals, families, corporates, public, private and governments investments, unions, associates and societies and welfare organizations Purpose of Investments Lucky prizes, investments, savings, monthly income, education funding, Savings with returns, Retirement, Marriage, real estate, or any other needs Scholarships, credits, loans (subject of availability of funds)
Prize Investment Plan (Proposed) Minimum Purchase Price =110 Prize $10.00 Investment Plan $ Total Purchase Price 3 Units of Prize Investments =330. This amount is non-refundable Expected Return 1 month to 5 year 8% - 10% 6 to 10 year 11% - 13% 11 to 15 year 14% - 15% Prizes First Prize $100,000 Second Prize $50,000 Third Prize 25,000 Five Prize 5,000 each Numbers values of prizes will change as per sales volume
Wait/Maturity Period Plan Price/MinimumPurposeWait/Maturity $10 Prize 1 unit of eachPrizes1 month Investment Savings Post Secondary Education Monthly Income Retirements None 15 Yrs 1 Year 5-10 Yrs Special Plan As aboveScholarship, loans, credits, Awards, Rewards
Salient Features Hundreds of prizes every month No limits on purchase Any one local and foreign above 18 year can buy (or minor under supervision of 18 years) Prizes and Return on Investments will be Tax Free Number of prizes and value of prizes will change as per change in sales Will be managed on profit and loss sharing basis
Guarantee Pool of Investments Money is backed by Pool of Investments to be held in the trust accounts of MG Financials will be insured as per country’s regulations Certificates will be issued as per agreement Money will be distributed as mentioned Investments will be insured as per country’s regulations
Money Distribution Prizes/Investors……………………85.00% Special Plans ………………………..2.5% Funds Manager…………………..…..2.5% Banks……………………………….…..2.5% Cash in Hands…………………..……5.0% Reseller ………………………………2.5% Distributors …………………..……2.5% Issuer…………………………….…….2.5% Total ……………………………… %
Reinvestment Money Distribution Govt Securities/Bonds………… % Government Treasury Bills..……25.00% PPN……………………………….……..2.5% Cash in Hands……………….….……….5.0% Special Plans Allocation…………….. 2.5% Guaranteed Income Investments….20.00% Secured Income /Venture………….20.00% Total Reinvestments…………… %
Returns on Investments Distribution Original Investors………………97.5% Special Plans………………….…………...2.5% Total Return on Investments
Purchase Procedure Can be purchased from MG, And Resellers upon payment by Cash, debit, credit cards or money transfer. Application form to be filled out by each single or joint purchaser. All purchases should be in multiple of denominations. Accounts will be opened and certificates will be given to investors
Ownership MG is owner of business and is the issuer of Certificates. Purchasers or bearers are the owners of certificates. Distributors will be appointed. Resellers are authorized Representatives. Investors own the investments with prizes and return on investments
Legal Status Canada National Finance Policy No 15 Provincial Law in the country of Issue Certificates will be issued as per Law of country of issue. Securities Commission of country of issue. MG Policy and Procedures Can be launched as private investment plans for employees employers… Resellers will follow the set policies
Taxation This prizes and returns will be tax free investments. Financial Statements will be maintained. MG will file business tax returns To be Registered with Government
Full Disclosure Agreement MG will work in full disclosure agreement with all stake holders MG forms and brochures, Application forms will be used Receipts, Encashment forms, Agreement of Purchase, Agreement with partners will be made by MG
Prize Draws Will be held every 10th of the month. System will be used for draw. Results will be posted on MG websites, newspapers. Printed prize winning lists will be available with MG, and Resellers. Mail information will be sent to investors
Prize Investment Accounts Prize certificates with return on investments are to be kept in Savings Accounts Deposits and withdrawals can be made but not like bank accounts The money will be reinvested automatically after 15 year
Prize Claims Filled and signed applications submitted to MG in person of by mail Within one month of winning Prize money will be processed within 10 business days Original certificate, copy of government issued id and copy of certificate with filled form required
Encashment Encashment will be made only at MG Office Verifications will be made for lost, stolen, mutilated duplicate issues Funds will be issued on spot or within ten days by mail Encashment will be made upon submission of following documents in person, or by mail Original Certificate Copy of Government issued Id Copy of Certificate
Agreement Instruments MG forms and brochures Application forms Receipts Encashment forms Agreement of Purchase Agreement with partners
Required Actions Summary Brochure to be written Registration with OSC to be done Fees to be paid Plan to be Launched Board of Directors to be appointed System/Website to be developed Details brochure to be written Annual fees to be submitted to OSC as per volume of sale Accounts and Audits to be maintained Approximate $5000 initial registration of one security Then every year according to sale volume
End Thank you